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Arbor Realty Trust Announces an Increase of its Share Repurchase Program to $150 Million

Retrieved on: 
Monday, December 11, 2023

UNIONDALE, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its Board of Directors has approved an increase to the Company’s share repurchase program authorizing the Company to repurchase up to $150 million of its outstanding common stock.

Key Points: 
  • UNIONDALE, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its Board of Directors has approved an increase to the Company’s share repurchase program authorizing the Company to repurchase up to $150 million of its outstanding common stock.
  • The share repurchase program allows shares to be repurchased at management's discretion from time to time in the open market, through privately negotiated transactions or otherwise in compliance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934.
  • The share repurchase program also permits the Company to establish Rule 10b5-1 trading plans to repurchase its outstanding shares at times when it might otherwise be prevented from doing so.
  • This share repurchase program has no time limit and may be suspended, modified or discontinued at any time.

Rush Enterprises, Inc. Adopts Stock Repurchase Program and Announces Repurchase of Common Stock

Retrieved on: 
Wednesday, December 6, 2023

SAN ANTONIO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) (the “Company,” “Rush Enterprises,” “we,” “us,” or “our”) today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase, from time to time, up to an aggregate of $150 million of its shares of Class A Common Stock, par value $0.01 per share (“Class A Common Stock”), and/or Class B Common Stock, par value $0.01 per share (“Class B Common Stock”).

Key Points: 
  • SAN ANTONIO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) (the “Company,” “Rush Enterprises,” “we,” “us,” or “our”) today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase, from time to time, up to an aggregate of $150 million of its shares of Class A Common Stock, par value $0.01 per share (“Class A Common Stock”), and/or Class B Common Stock, par value $0.01 per share (“Class B Common Stock”).
  • Rush with a balance of approximately $37 million that was secured by shares of the Class A Common Stock and Class B Common Stock owned by Mr.
  • Rush will continue to beneficially own 180,339 shares of Class A Common Stock and 7,493,809 shares of Class B Common Stock.
  • The new stock repurchase program expires on December 31, 2024, and may be suspended or discontinued at any time.

A-Mark Precious Metals Increases Share Repurchase Program

Retrieved on: 
Monday, November 20, 2023

EL SEGUNDO, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has authorized an increase in the number of shares which may be repurchased under the Company’s existing share repurchase program.

Key Points: 
  • EL SEGUNDO, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has authorized an increase in the number of shares which may be repurchased under the Company’s existing share repurchase program.
  • Under the revised program, A-Mark is authorized to repurchase up to 1,221,152 shares of its outstanding common stock, in addition to the 778,848 shares repurchased under the program through November 14, 2023, for a total of 2 million shares.
  • The share repurchase program expires on June 30, 2028.
  • “We continue to view our share repurchase program as an attractive investment opportunity for the Company and another way to deliver value to our shareholders,” said A-Mark CEO Greg Roberts.

Fisker Celebrates Numerous Fisker Ocean Award Wins in 2023 for Best Electric Vehicle, Best SUV, and Best Product Design

Retrieved on: 
Thursday, December 21, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231221604781/en/
    Fisker celebrates numerous Fisker Ocean award wins in 2023 for Best Electric Vehicle, Best SUV, and Best Product Design.
  • The Fisker Ocean SUV wins for its design, engineering, and value in an electric vehicle in an open competition against all electric vehicles including compacts, sedans, coupes, and small, mid-size and full-size SUVs.
  • The all-electric Fisker Ocean wins the Design Award organized by Danske Motorjournalister, an Association of Danish Motor Journalists for its innovative approach to design in both form and function.
  • German Design Awards – Excellent Product Design, Passenger Vehicles
    The Fisker Ocean won the German Design Award for Excellent Product Design 2024 in the Passenger Vehicles category for its striking, aerodynamic form and clean design.

a.k.a. Brands Holding Corp. Announces Increase to Share Repurchase Program

Retrieved on: 
Monday, December 18, 2023

Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, today announced that its Board of Directors has authorized an increase of $3 million to its share repurchase program (the “Share Repurchase Program”), thereby increasing the total amount authorized for share repurchases to $5 million.

Key Points: 
  • Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, today announced that its Board of Directors has authorized an increase of $3 million to its share repurchase program (the “Share Repurchase Program”), thereby increasing the total amount authorized for share repurchases to $5 million.
  • As of December 18, 2023, the Company has used approximately $2 million of the total amount authorized for share repurchases.
  • Repurchases by the Company are subject to available liquidity, general market and economic conditions, alternate uses for the capital and other factors.
  • There is no minimum number of shares that the company is required to repurchase and the Share Repurchase Program may be suspended or discontinued at any time without prior notice.

Primis Financial Corp. Announces Reauthorization of Stock Repurchase Program

Retrieved on: 
Thursday, December 21, 2023

MCLEAN, Va., Dec. 21, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a new stock repurchase program for up to 740,600 of the outstanding shares of the Company's common stock (the "Stock Repurchase Program").

Key Points: 
  • MCLEAN, Va., Dec. 21, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a new stock repurchase program for up to 740,600 of the outstanding shares of the Company's common stock (the "Stock Repurchase Program").
  • The Stock Repurchase Program will conclude on December 21, 2024, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the total shares designated for the Stock Repurchase Program are depleted.
  • Under the Stock Repurchase Program, the Company may repurchase shares of common stock from time to time in open market purchases or privately negotiated transactions.
  • The Stock Repurchase Program does not obligate the Company to repurchase any particular number or amount of shares of common stock.

Erie Insurance ranks No. 1 in J.D. Power 2023 U.S. Home Insurance Study

Retrieved on: 
Tuesday, December 19, 2023

ERIE, Pa., Dec. 19, 2023 /PRNewswire/ -- Erie Insurance (ERIE) is the best in home insurance customer satisfaction, ranking No. 1 in both homeowners and renters insurance business lines, according to the J.D. Power 2023 U.S. Home Study.

Key Points: 
  • ERIE, Pa., Dec. 19, 2023 /PRNewswire/ -- Erie Insurance (ERIE) is the best in home insurance customer satisfaction, ranking No.
  • ERIE earned the highest homeowners insurance ranking of all rank-eligible property and casualty (P&C) carriers with a score of 856 on J.D.
  • Power 2023 renters insurance study factors of interaction, policy offerings, price, and billing process &policy information.
  • Power 2023 U.S. Home Insurance Study examines overall customer satisfaction within two personal insurance product lines: homeowners and renters.

EQS-News: Fiven ASA has obtained a waiver under its existing bonds for an extraordinary distribution

Retrieved on: 
Thursday, December 21, 2023

Fiven ASA ("Fiven") issued on 21 June 2021 senior secured sustainability-linked bonds with ISIN: SE0016075196 (the "Existing Bonds") under the terms and conditions originally dated 15 June 2021 (as amended and restated 5 December 2022, the "Terms and Conditions").

Key Points: 
  • Fiven ASA ("Fiven") issued on 21 June 2021 senior secured sustainability-linked bonds with ISIN: SE0016075196 (the "Existing Bonds") under the terms and conditions originally dated 15 June 2021 (as amended and restated 5 December 2022, the "Terms and Conditions").
  • Fiven has requested that Nordic Trustee & Agency AB (publ) (the "Agent") consents to a waiver of the Terms and Conditions to allow for the Extraordinary Distribution to be made on or about 12 December 2023 (the "Waiver Request").
  • The Agent has agreed to Fiven's Waiver Request in accordance with clause 20(a)(i) (Amendments and Waivers) of the Terms and Conditions.
  • The Waiver Request included certain conditions for Fiven to fulfill and all conditions has been satisfied as of today.

Climb Channel Solutions Recognized as a 2023 CDW Partner of the Year

Retrieved on: 
Wednesday, November 15, 2023

EATONTOWN, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) was named a 2023 CDW Partner of the Year.

Key Points: 
  • EATONTOWN, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) was named a 2023 CDW Partner of the Year.
  • CDW’s Partner of the Year Awards, were presented on Nov. 9 during the 2023 CDW Partner Summit in Las Vegas, honoring CDW partners that represent the power of modern, customer-first partnerships and provided exemplary products, programs, solutions and services to support CDW and its customers throughout the year.
  • “We congratulate Climb Channel Solutions and thank them for their continued commitment to CDW and representing the winning formula for modern partnerships.”
    “Climb is thrilled to be a Partner of the Year award winner, “said Dale Foster, CEO of Climb Channel Solutions.
  • CDW Partner of the Year Awards are based on input from CDW’s sales team and other departments such as product and partner management, marketing and integrated technology solutions.

StoneCo. Announces New Share Repurchase Program of up to R$ 1 billion

Retrieved on: 
Tuesday, November 14, 2023

This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023.

Key Points: 
  • This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023.
  • Under the former program, Stone repurchased a total of 5,733,740 shares on an average price of US$ 10.29 per share, with a total amount of US$ 59.0 million.
  • The new repurchase program will be effective with timing of the full amount to be repurchased to be determined after further consultation with the Board.
  • The program approved does not have a fixed expiration date.